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What Does Long-Term Care Insurance Cover? |
Covered Long Term Care Facilities and Services
It is important to know which facilities and services are covered under your long term care policy. Long term care insurance usually covers assistance with activities of daily living such as eating, bathing, dressing, toileting, transferring, and maintaining continence. Make sure the long term care policy you are considering offers the benefits you think you might need. Listed below are services a long term care should cover:
- Home health care services: Home Health Care includes skilled care or custodial care in your home by a licensed home health agency or with some companies informal care givers. Coverage may include part-time skilled nursing care, physical therapy, and assistance with activities of daily living (custodial care).
- Nursing home services: Your long term care insurance policy should cover care in a licensed nursing facility.
- Assisted living services: Care in a licensed assisted living facility at 100% of your daily or monthly maximum. Some group plans will cover only 50% or 75%.
- Adult day-care services: Care in licensed adult day-care facilities is covered with most all long term care insurance policies. These programs provide daytime care to individuals who do not need to live in a nursing home. Typical benefits received in adult day care facilities include nursing or therapeutic care, social and educational activities, or personal supervision because of "cognitive impairment," such as Alzheimer’s or a similar disease.
- Other services: Other benefits or options may include:
- Respite care - Is care provided to give the primary caregivers time off (a vacation).
- Recovery period benefits - Care after a stay in a hospital or other facility.
- Home assistance services - Help with chores like cooking, cleaning, light house keeping, and shopping.
Care Giving Training
Some of the better policies such as Genworth, John Hancock, MetLife, Prudential, Allianz, New York Life, and Mass Mutual will pay for training if there is a particular person who you'd like to take care of you but needs education. family members are often trained with this benefit.
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